Elbit Systems awarded $70m homeland security contract

Elbit Systems Hermes UAV

The Israeli defense electronics firm will provide the Latin American customer with Hermes 900 UAS systems.

Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has been awarded a contract from a Latin American customer. The contract worth $70 million is for the supply of intelligence integrated systems, for homeland security applications.

Under the contract, to be supplied within less than a year, Elbit Systems will provide the customer with Hermes 900 UAS systems and an intelligence gathering system.

Elbit Systems ISTAR Division general manager Elad Aharonson said, “Since establishing the ISTAR Division, we have witnessed a growing demand for solutions combing a range of ISTAR in-house technologies, and we are pleased to be able to supply our customers with our cutting-edge systems, creating a power multiplier."

Published by Globes [online], Israel business news - www.globes-online.com - on September 25, 2015

© Copyright of Globes Publisher Itonut (1983) Ltd. 2015

Elbit Systems Hermes UAV
Elbit Systems Hermes UAV
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